February 14, 2022 Stanley Motta Limited (SML) for the year ended December 31, 2021, booked an 8% increase in revenue to total $492.92 million compared to $458.18 million for the same period in 2020. For the quarter, revenue increased by 8% to $125.95 million in 2021 compared to $117.04 million the previous year. SML indicated that,
February 15, 2022 In United States dollars (except where it is indicated otherwise): Sygnus Credit Investments Limited, for the six months ended December 31, 2021, reported Interest Income of US$4.70 million 31% increase on the US$3.60 million recorded in 2020. For the quarter, Interest Income rose 29% to US$2.46 million (2020: US$1.90 million). Interest expense
February 14, 2022 General Accident Insurance Company Limited (GENAC), for the year ended December 31, 2021 reported gross premium written of $13.96 billion, 16% higher than the $12.05 billion reported for 2020. Reinsurance ceded also rose by 16% to close at $10.48 billion relative to $9.07 billion booked in 2020. Excess of loss reinsurance trended
February 14, 2022 Carreras Limited, for the nine months ended December 31, 2021, reported Operating Revenue of $11.72 billion, a 15% increase relative to $10.16 billion booked in 2021. Revenue for the quarter closed at $4.53 billion, compared to $4 billion reported for the second quarter of 2020. Cost of Operating Revenue rose year over year by
February 14, 2022 In United States dollars (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the nine months ended December 31, 2021 reported interest income of $8.37 million, a 2% decrease when compared with the $8.54 million reported for the same period in 2020. Interest expense for the period amounted to $5.43 million, a 14% decrease when
February 14, 2022 Medical Disposables & Supplies Limited, for the nine months ended December 31, 2021 reported Revenue amounting $2.49 billion, an increase of 41%, relative to $1.77 billion booked the previous year. For the third quarter revenues totaled $874.63 million up 40% year over year (2020: $626.08 million). MDS noted, “This increase in sales
February 14, 2022 GraceKennedy Limited (GK) has advised that GK Capital Management Limited (GK Capital) has received approval from the Financial Services Commission (FSC) to enter the Collective Investment Schemes (CIS) market in Jamaica. This approval will allow GK Capital to offer mutual fund products through a newly incorporated entity, GK Mutual Funds Limited (GK
February 14, 2022 For the nine months ended December 31 2021, Radio Jamaica Limited’s (RJR) revenues rose by 14% from $3.79 billion in 2020 to $4.31 billion for the period under review. For the quarter, revenues closed at $1.45 billion (2020: $1.49 billion), representing a 2% decline year over year. RJR noted that the company
February 14, 2022 JMMB Group Limited (JMMBGL) for the nine months ended December 31, 2021 recorded net interest income of $8.98 billion, an 18% increase when compared with $7.58 billion recorded for the corresponding period in 2020. Interest expenses increased 26% to total $11.68 billion relative to the $9.24 billion recorded for the same period in 2020. Net
February 14, 2022 Elite Diagnostic Limited booked a 22% increase in revenue to total $288.37 million from $236.07 million booked the same period in 2020. Revenue for the second quarter rose by 17% to $147.54 million (2020: $126.36 million). Direct costs for the period increased 13%, closing at $97.19 million, up from $86.31 million reported the prior year, while
